Sweden: Sausage Market 2024

Sausage Market Size in Sweden

The Swedish sausage market expanded to $X in 2021, increasing by 2.6% against the previous year. In general, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +94.5% against 2015 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Sausage Production in Sweden

In value terms, sausage production expanded slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +111.4% against 2015 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 47% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the near future.

Sausage Exports

Exports from Sweden

In 2021, sausage exports from Sweden totaled X tons, growing by 9.1% on 2020. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 16%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sausage exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 25%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for sausage exports from Sweden, accounting for a 30% share of total exports. Moreover, sausage exports to Denmark exceeded the volume sent to the second major destination, Finland (X tons), twofold. The UK (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-0.3% per year) and the UK (-0.1% per year).

In value terms, Denmark ($X) remains the key foreign market for sausages and similar products of meat exports from Sweden, comprising 41% of total exports. The second position in the ranking was held by Norway ($X), with a 13% share of total exports. It was followed by Finland, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Denmark totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+9.7% per year) and Finland (-0.4% per year).

Export Prices by Country

In 2021, the average sausage export price amounted to $X per ton, rising by 4.3% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 an increase of 15%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Sweden

In 2021, supplies from abroad of sausages and similar products of meat decreased by -1.2% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a slight descent. The growth pace was the most rapid in 2016 when imports increased by 10% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, sausage imports rose sharply to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and Italy (X tons) were the main suppliers of sausage imports to Sweden, together accounting for 69% of total imports. Finland, Spain, Slovenia, Poland and France lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +8.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Denmark ($X) appeared to be the largest sausage suppliers to Sweden, with a combined 72% share of total imports. Spain, Finland, Poland, Slovenia and France lagged somewhat behind, together comprising a further 20%.

Spain, with a CAGR of +9.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sausage import price amounted to $X per ton, increasing by 8.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 10%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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